2-bed · 1,887 sqftGolden Mile 03, Palm Jumeirah · 5th floor · completed 2009

3507, Golden Mile 03

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3507 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 1.45M21 May 2009
Current rentAED 170K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3507, Golden Mile 03

What is 3507 worth today?

Last sold for AED 1,450,000 in 2009

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1 Dec 2025RentedRenewal
AED 170,000/yr12 months · AED 90 per sqft
1 Dec 2024RentedNew contract
AED 160,000/yr12 months · AED 85 per sqft
5 Nov 2023RentedRenewal
AED 125,000/yr12 months · AED 66 per sqft
5 Nov 2022RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
5 Jan 2022RentedNew contract
AED 110,000/yr10 months · AED 58 per sqft
5 Nov 2021RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft
18 Sep 2020RentedRenewal
AED 90,000/yr12 months · AED 48 per sqft
18 Sep 2019RentedNew contract
AED 110,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
2-bed apartment
Size
1,887 sqft
Floor
5th of 7
Parking
Building 3-B3-50
Developer
Souq Residences
Completed
2009
Service charge
AED 29,200 /yr
Last sold
AED 1.45M · May 2009

About 3507, Golden Mile 03

3507 is a two-bedroom apartment of 1,887 sqft on the 5th floor of Golden Mile 03, a 7-storey tower in Palm Jumeirah completed in 2009 by Souq Residences. The developer sold it on 21 May 2009 for AED 1,450,000, or AED 768 per sqft, in line with the AED 778 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 1 December 2025, is AED 170,000 a year: a gross yield of 11.7% on the 2009 price, before the service charge of about AED 29,200 a year.

Sales and rents for 3507 over time

Sales
Unit 3507, each saleTypical two-bed in Golden Mile 03
2M2004201020162022Typical sale price by year: 2004 AED 1,425,000; 2009 AED 1,425,000; 2010 AED 1,377,500; 2011 AED 1,435,000; 2013 AED 1,755,000; 2017 AED 2,075,000; 2019 AED 807,454; 2021 AED 1,510,000; 2022 AED 1,935,000; 2023 AED 2,712,500; 2024 AED 3,400,000Sold by developer, May 2009: AED 1,450,000 (AED 768 per sqft)

3507 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3507, each contractTypical two-bed in Golden Mile 03
100K150K200K2014201820222026Typical rent by year: 2014 AED 160,000; 2015 AED 157,500; 2016 AED 147,500; 2017 AED 145,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 105,000; 2022 AED 120,000; 2023 AED 142,500; 2024 AED 175,000; 2025 AED 197,500; 2026 AED 187,500New contract, July 2014: AED 150,000 a yearNew contract, July 2015: AED 160,000 a yearNew contract, July 2016: AED 140,000 a yearNew contract, September 2017: AED 125,000 a yearNew contract, September 2018: AED 110,000 a yearNew contract, September 2019: AED 110,000 a yearRenewal, September 2020: AED 90,000 a yearNew contract, November 2021: AED 110,000 a yearNew contract, January 2022: AED 110,000 a yearRenewal, November 2022: AED 110,000 a yearRenewal, November 2023: AED 125,000 a yearNew contract, December 2024: AED 160,000 a yearRenewal, December 2025: AED 170,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Golden Mile 03, and where 3507 sits

All 42 2-beds →

3507 last sold in May 2009 at AED 768 per sqft, in line with what two-beds in Golden Mile 03 were fetching at the time (AED 778). Over the last 12 months two-beds sold for AED 3,400,000 to 3,800,000, around AED 1,889 per sqft, and rent for AED 157,979 to 245,000 a year. 3507's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20263,400,000
30 Jul 20263,588,888
23 Dec 20253,800,000
6 Mar 20253,850,000
3 2-bed sales in the last 12 months

Golden Mile 03

Building

85 apartments, 1-bed to 4-bed over 7 floors in Palm Jumeirah, completed in 2009 by Souq Residences. 6 sold in the last 12 months.

Typical price per sqft
AED 1,870
Typical sale
AED 3.69M
Typical rent
AED 169K /yr
Typical yield
5.3%
Golden Mile 03, Palm Jumeirah: prices, sales and rents →

Other units on the 5th floor

All 85 units in Golden Mile 03
Value
35011-bedAED 1.14M · May 2009
35022-bedAED 1.38M · May 2009
35032-bedAED 1.38M · Oct 2010
35041-bedAED 1.4M · Sep 2013
35052-bedAED 3.8M · Dec 2025
35061-bedAED 1.17M · May 2009
35083-bedAED 7.9M · Jul 2025
1–7 of 11

3507, Golden Mile 03 in numbers

  • Sold once: by Souq Residences on 21 May 2009 for AED 1,450,000, or AED 768 per sqft.
  • Rented since July 2014 on 13 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2020 and recovered to AED 170,000 by December 2025.
  • At AED 170,000 a year the gross yield on the 2009 price is 11.7%, before a service charge of about AED 29,200 a year (AED 15.49 per sqft).
  • Two-beds in Golden Mile 03 sold for AED 3,400,000–3,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,870 per sqft.

Source: Dubai Land Department. Updated 1 December 2025.

Questions about 3507, Golden Mile 03

What did unit 3507 last sell for?

AED 1,450,000 on 21 May 2009, sold by the developer: AED 768 per sqft for 1,887 sqft. It is the only registered sale of the unit.

What is the rent for unit 3507?

AED 170,000 a year on the contract renewed on 1 December 2025. The previous contract, from December 2024, was AED 160,000; the unit has been rented since July 2014.

How big is unit 3507?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 5th floor of a 7-storey tower completed in 2009.

What is unit 3507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Golden Mile 03 sold for AED 3,400,000 to 3,800,000 in the last 12 months, around AED 1,889 per sqft.

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Mortgage on 3507, Golden Mile 03

Starts from the last sale price (AED 1.45M, 21 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →